A Blog Version Of The Inside Of My Head. The place where politics, film, the media, music, pop culture, and random topics collide in an orgy of neo-philisophical randomness that would make your mother scream.

Tuesday, March 24, 2009

An Impossible Business Environment?

Or impossible to do business as usual?

Goldman Sachs is planning to give back its TARP money soon. Very soon, actually — ideally within the next month, according to people involved in the process. That’s a much quicker timetable than the end-of-year goal previously set out by Lloyd C. Blankfein, Goldman Sachs’s chief executive. As taxpayers, we should be thrilled that Goldman is going to quickly pay back the $10 billion it was given last October, right?